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Technology Stocks : Speedfam [SFAM] Lovers Unite !
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To: Joseph Beltran who wrote (3554)4/28/2000 7:03:00 PM
From: Jerome   of 3736
 
Joe, no need for SFAM to yet rally strongly. Earnings are about 6 weeks off. I would expect this stock to get back to the mid 20's by that time. At this point the options on SFAM represent a better value than the stock. The July 12 1/2's would be my choice. They closed today at 4 1/4. The second advantage of these options is that if the stock rallies to the mid 20's then the options can be converted to stock and covered calls will yield another few points.

Have a good week-end

Jerome
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